EA appoints MBIE energy boss James Stevenson-Wallace as new chief executive
By Gavin Evans July 17 (BusinessDesk) - The Electricity Authority has appointed one of the government’s senior energy policy advisors as its new chief executive. James Stevenson-Wallace is general manager of energy and resource markets at the Ministry of Business, Innovatio...
Trustpower targets greater savings, better service with increased automation
By Gavin Evans July 17 (BusinessDesk) - Trustpower plans further automation in order to lower costs and improve services in the hotly contested power and broadband markets it operates in. The Tauranga-based firm, the country’s fifth-largest electricity retailer by accounts,...
NZ residential property sales dip in June as winter chills affordable housing turnover
By Paul McBeth July 17 (BusinessDesk) - New Zealand house sales fell 1.6 percent in June from a year earlier as a cooling in activity followed the onset of winter was limited to what's considered affordable housing, pushing out the time to sell and sapping the number of availa...
NZ dollar little changed ahead of June qtr inflation; Fed's Powell testimony
By Paul McBeth July 17 (BusinessDesk) - The New Zealand dollar was little changed ahead of local inflation figures, which will firm up views on whether the Reserve Bank has scope to cut the official cash rate any further, and as Federal Reserve chair Jerome Powell prepares sem...
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